Friday, November 18, 2005

Alltel to buy Midwest Wireless for $1.1B

A Reuters newswire article, via Yahoo! News, reports that:

Leading rural telephone operator Alltel on Friday said it would acquire Midwest Wireless Holdings for $1.075 billion.

The deal will give Alltel 400,000 customers in Minnesota, Iowa and Wisconsin, which are next to existing Alltel wireless operations. The company said closing depends on regulatory approval and is expected in the first half of 2006.

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